The company is the sole miner of AI Coin. The 7,200 aicoins created each day will be sold on an exchange or otherwise directly paid for expenses.
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Wait... What happened to:
Will the initial distribution of wealth in Bitcoin-PoS be exactly as per the unspent outputs in the bitcoin blockchain at a certain point in time in the future, or will you consider redistribution of wealth if you find popular support for it?
I would keep the blockchain as is....
Edit: cuz I'll support a project which preserves the effective scarcity of bitcoin (if the tech, etc, is good), thereby supporting the idea that cryptocurrency can be scarce and therefore valuable.
But if you are creating an alt-coin that doesn't tie into bitcoin's ledger (ie, the utxo-set), you are directly attacking the notion of crypto-scarcity, and therefore the idea that crypto-currency can be good money. In which case I will vocally not support this project. And FWIW, I've been approached in the real-world by your representatives.
Lost coins would have to be accounted for wouldn't they? Be too scarce and you risk losing the title of "currency"(Lack of liquidity). I find it odd that many people here use the word currency, but through their arguments, instead, support the notion of commodity. I know that the "too scarce" aspect would be eliminated if we used the term "bits" instead of "bitcoin"(denominations), but just talking in terms of full bit/coins.
I don't believe following bitcoin's distribution model is the best idea if you want to create a "currency". Odd I know, haha.